TITLE

Leach revives debate over Freddie's status

AUTHOR(S)
Kulkosky, Edward
PUB. DATE
April 1997
SOURCE
American Banker;4/16/1997, Vol. 162 Issue 72, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Discusses the debate over the privileged status of Freddie Mac and Fannie Mae after Representative James A. Leach criticized Freddie Mac's purchase of $125 million in Philipp Morris bonds. Financial management strategy; Moral question and legal technicalities; Authority to conduct arbitrage operations; Earnings per share and credit related-expenses; Business strategies and risk management.
ACCESSION #
9705101974

 

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